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    Anand Sharma sets the Target of Doubling Trade with Myanmar by 2015 Multimodal Transit Transport Project at Kaladan to Transform Trade in NE 4th Meeti...
    India South Africa Agrees to Strengthen Bilateral Cooperation in the MSME India-SACU PTA will be Concluded soon: Scindia Total trade Touches US $ 10.6...
    Scindia Offers Assistance for Strengthening Botswana Rail Network Calls for Diversification and Deepening of Trade Ties.
    Government has Decided to Lift the Ban on the Export of Onions: Rahul Khullar.
    Scindia offers Assistance for Strengthening Botswana Rail Network calls for Diversification and Deepening of Trade Ties.
    Export Grows 44.2% in August at US $ 24.3 Billion: Commerce Secretary.
    India Committed to Reduce Tariff Lines under Sensitive List by 20% by Next Month: Anand Sharma Peak Tariff Rates to be 8% for Imports from Pakistan by...
    Import/Export of Meat Products.
    Assistance to States for Infrastructure for Exports.
    Doha Round can’t be allowed to collapse: Anand Sharma Lamy calls for pragmatism for ending the deadlock Regional trade policy course inaugurated.
    INTERNATIONAL TRADE ON DEFERRED CREDIT TERMS:
    Protectionism will only Deepen Recession; Anand Sharma Tells US & German Legislators India Pushes for Revival of GSP.
    Tariff Values of Edible Oils, Brass Scrap (All Grades) and Poppy Seeds Notified
    India-South Africa Trade to Reach USD15 Billion Before 2014: Anand Sharma Second India South Africa CEO Forum Meet Takes Place.
    TAXATION OF SERVICES BASED ON A NEGATIVE LIST OF SERVICES CONCEPT PAPER FOR PUBLIC DEBATE .
    Marine Products Exports Touches 2.8 Billion in 2010-11 Frozen Shrimp Major Export item Accounting for 44.17%.
    PM's speech in the Lok Sabha debate on Corruption
    Export of Cashew Nuts.
    National Manufacturing Policy in Few Weeks, Cabinet Paper Moved Anand Sharma Addresses Export Summit-2011.
    Surrendering of SEZ Projects.
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September 27, 2011
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Trade facilitation via multimodal corridor and border customs stations to broaden bilateral commerce and promote tariff preference use.
Policy measures prioritize a Multimodal Transit Transport Project linking Indian ports to Sittwe and Mizoram to create an alternate corridor to North East India, coupled with promotion of the Duty Free Tariff Preference Scheme and ASEAN Free Trade channels to diversify bilateral trade. Operational facilitation includes establishing a Land Customs Station on the India-Myanmar border, expanding border trade points and tradable items, and providing agricultural capacity building; sectoral engagement contemplates Indian participation in Myanmar's gas sector and related infrastructure investments.
September 22, 2011
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Preferential trade agreement progress will boost exports and bilateral economic cooperation between India and Southern Africa.
India and South Africa agreed to intensify bilateral economic cooperation focused on the MSME sector, expanding joint ventures, technology collaborations, R&D linkages, and marketing alliances, and signalled intent to conclude a Preferential Trade Agreement (PTA) with SACU to boost exports and diversify the bilateral trade basket toward more manufactured goods.
September 21, 2011
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Infrastructure cooperation: technical assistance for Botswana rail and logistics to support trade diversification and capacity building.
The release offers technical assistance to strengthen Botswana's rail network and transport logistics, linking infrastructure support to objectives of trade diversification and economic development. It identifies priority cooperation areas-agriculture, MSME development, IT/ITES, education, healthcare-and capacity building through vocational training and institutional support such as a diamond institute. The statement situates these measures within a broader India-Africa partnership framework, using lines of credit, scholarships, MOUs, and private investment to facilitate projects and skills transfer aligned with Botswana's national development plans.
September 20, 2011
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Lift of export ban on onions now permits exports subject to a minimum export price and fortnightly review.
Government lifts the prohibition on onion exports and restores exportation subject to a Minimum Export Price (MEP) of US$ 475 per tonne, reinstating the pre-ban regulatory position. The MEP will be reviewed every fortnight with monitoring of domestic arrivals, total exports, overall domestic availability and domestic prices to guide potential adjustments.
September 20, 2011
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Trade Diversification: India offers technical assistance to strengthen Botswana transport infrastructure and deepen economic ties.
Offer of technical assistance to strengthen Botswana's rail network and transport logistics is presented as a central measure to diversify and deepen bilateral trade. The proposal envisages Indian consultancy and project support to mitigate landlocked constraints, while prioritizing cooperation in Agriculture, MSME development, IT/ITES, education and health care, and promoting capacity building such as the India Africa Diamond Institute to transfer skills to Botswana's diamond industry.
September 9, 2011
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Export policy change: non basmati rice and wheat moved to open licence and onion exports banned to manage trade flows.
India's exports expanded strongly while imports grew rapidly, producing a significant trade deficit; major export sectors included engineering, petroleum and oil products, electronics and garments, whereas imports rose across POL, gold and silver, machinery, electronics and chemicals. Provisional figures were noted as subject to revision. The Government moved Non Basmati rice and wheat to the Open General Licence regime and imposed an export ban on onions as policy measures to manage supply and trade flows.
September 8, 2011
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Tariff liberalisation under SAFTA to reduce sensitive-list coverage and lower peak import duties for partner countries.
India will reduce the number of tariff lines on its SAFTA sensitive list by twenty percent and phase down peak tariff rates applied to regional imports, while already providing near-comprehensive zero-duty access for SAARC Least Developed Countries; these measures form part of a broader drive toward deeper regional economic integration supported by multistakeholder forums to enhance trade and investment cooperation.
September 7, 2011
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Trade data reporting: government disclosed import and export meat statistics and identified the published source for access.
The statement reports government trade statistics for meat products, noting imports for January 2010-June 2011 and exports for April 2010-January 2011, and states that country-wise quantities and values are published in the Monthly Statistics of Foreign Trade of India CD publications (Volume II for imports; Volume I for exports) which are supplied to the Parliament Library; information was supplied in a written parliamentary reply by the Minister of State.
September 7, 2011
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Assistance to States for export infrastructure: lump-sum State Component funding with SLEPC project approval and cost-sharing.
Assistance to States for Developing Export Infrastructure and Allied Activities (ASIDE) provides lump-sum State Component funding to States/UTs based on an approved allocation criteria, with projects approved by State Level Export Promotion Committees chaired by the Chief Secretary. The scheme finances a range of export-infrastructure sectors through combined ASIDE, State government and private sector contributions; the document records year-wise disbursements to States and a sectoral breakdown of sanctioned projects and cost-sharing among funding sources.
September 5, 2011
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Multilateral trade cooperation must be preserved; continued negotiations urged to break the Doha deadlock and sustain development focus.
The communication insists the Doha Round must proceed as a single undertaking, protecting its developmental focus and opposing demands that impose disproportionate burdens on developing countries; it calls for leadership, pragmatism and determination to overcome the deadlock, affirms the WTO as a member-driven, rule-based system that counters protectionism, and promotes capacity-building-notably a Regional Trade Policy Course-to strengthen developing countries' negotiating skills and participation.
September 3, 2011
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Lines of Credit enable exporters to obtain non-recourse payment while importer-funded letters of credit trigger lender reimbursement.
Exim Bank's Lines of Credit (LOC) let overseas borrowers support imports from India on deferred credit; exporters may obtain non-recourse payment upon negotiation of shipping documents. The process: LOC agreement with the borrower; borrower approval and Exim Bank concurrence for contracts; importer arranges advance and a Letter of Credit referencing the LOC; exporter ships and negotiates documents with a designated negotiating bank; Exim Bank reimburses the negotiating bank by debiting the borrower's LOC account; the borrower repays Exim Bank on due dates.
September 1, 2011
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Protectionism deepens recession; revive preferential trade access to protect vulnerable sectors and employment.
Protectionism undermines recovery and deepens recessions; outsourcing generates higher end jobs in recipient economies and Indian firms are major job creators abroad. India advocates swift reauthorization of the Generalized System of Preferences to restore preferential access for vulnerable sectors and employment, criticises selective withdrawal of benefits from Indian products that have advantaged major partners instead of LDCs, and reaffirms commitment to liberalization measures and FDI promoting reforms while emphasising domestic demand led growth.
August 30, 2011
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Tariff values notified for edible oils, brass scrap and poppy seeds under customs notification, affecting import valuation.
Notification No.63/2011-Customs (N.T.) fixes tariff values in US dollars per metric tonne for specified imported goods, listing values for various edible oils (with most oil entries unchanged), brass scrap (all grades) and poppy seeds; these figures are to be applied as import valuation benchmarks for customs assessment and compliance.
August 30, 2011
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Bilateral trade target accelerated by joint recommendations to remove tariff and visa constraints and boost investment flows.
The Forum reviewed recent growth in bilateral trade and investment and presented sectoral recommendations addressing tariff barriers, visa constraints, technology transfer and other impediments. Ministers committed to expedite Preferential Trade Agreement negotiations and to establish a friendlier business visa regime, endorsing operational steps to promote two way investment flows and convert CEO proposals into governmental action to deepen economic engagement.
August 29, 2011
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Negative list taxation of services expands the tax net by taxing all services except specified exclusions, preserving input tax credits.
Adopts a negative list approach: all supplies meeting the defined "supply of service" are taxable unless expressly excluded. "Service" is defined as anything other than goods, money or immovable property, with specific inclusions (e.g. right to use immovable property, temporary transfer of intellectual property, hire/lease services) and exclusions (completed sale of immovable property, employee-to-employer services, constitutional authorities, supplies chargeable as excisable goods). The approach aims to widen the tax base, preserve input tax credits, address mixed supplies by dominant-nature tests, and requires changes to import/export, Cenvat, Service Tax and Point of Taxation rules.
August 26, 2011
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Marine product exports post robust growth led by shrimp and market diversification, prompting an elevated national export target.
Marine products exports in 2010-11 rose to 813,091 tonnes and exceeded US$ 2.8 billion, led by frozen shrimp as the principal value item; growth was driven by expanded Vannamei shrimp production, improved Black tiger shrimp productivity, higher unit values for key species, and stronger price realization. Fish remained the largest export by quantity. Market diversification saw the EU as the largest market by value with strong increases to the US, Southeast Asia, Middle East and Africa. MPEDA set an export target of US$ 4 billion for 2011-12.
August 25, 2011
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Anti corruption reform: government urges Lokpal debate, procurement and administrative measures to curb misuse of public office.
The Government commits to statutory and administrative measures to reduce corruption: pursue Lokpal legislation through parliamentary debate and Standing Committee consideration alongside civil society drafts; limit discretionary powers of ministers via Cabinet action on a review group's recommendations; enact public procurement reform; strengthen regulatory oversight in limited competition infrastructure sectors; and work with States to plug leakages in Central programmes, notably to restore integrity in the Public Distribution System.
August 24, 2011
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Export promotion schemes support cashew exporters through market development, technology assistance and eligibility for DEPB and VKGUY.
Aggregate annual export quantities and values for cashew nuts are reported (source: DGCI&S) and state-wise breakdowns are not centrally maintained. The Cashew Export Promotion Council administers export-promotion activities and implements programmes to improve processing and kernel quality under Department of Commerce schemes, notably Marketing Development Assistance, Market Assessment Initiatives and ASIDE, while registered exporters remain eligible for DEPB and VKGUY.
August 19, 2011
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National Manufacturing Policy to establish NIMZs and boost manufacturing-led employment through integrated zones and institutional reforms.
Cabinet submission has been made for a National Manufacturing Policy to expand manufacturing's economic share and create large-scale employment by establishing world-class manufacturing infrastructure and integrated National Investment and Manufacturing Zones (NIMZs), supported by social and institutional measures. The announcement highlights export diversification and targeted sectoral plans to grow high-end manufacturing exports, notes active industry-government engagement with measures under implementation, and affirms commitment to institutional robustness and rule-based governance, citing government action in a major corporate fraud as evidence of enforcement.
August 17, 2011
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Denotification of SEZs: approval conditioned on refund of duty benefits where claimed, citing economic and fiscal causes.
Denotification of SEZs has been approved by the Board of Approval with each approval conditioned on the refund of duty benefits availed by the developer where applicable; applicants cited economic downturn, weak market demand, skilled labour shortages, and imposition of Minimum Alternate Tax and Dividend Distribution Tax as reasons for surrendering SEZ status.

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